Hey, I’m Michał. I run Empirica, a crypto market-making company. After 20 years in software and trading, I’m now blending it with crypto. Here, I share data-driven insights on markets, thoughts on product development, lessons from building a company, and books that have shaped my thinking. Subscribe to my newsletter if you want to join me on this journey. Cheers.
Can the Crypto Industry Overcome Its Wash Trading Addiction?
Wash trading isn’t just a peripheral problem in crypto markets; it’s become the norm. This practice, where tokens are bought and sold by the same entity to create an illusion of market activity, has evolved from a niche tactic to a standard business model for many companies in the crypto space: tokens, market makers, and exchanges. Read the article to learn more.
Do Your Thing. Do It for Decades.
I’ve always been intrigued by people who believe in conspiracy theories. Interestingly, it rarely stops at just one theory. These folks often surprise you with a whole set of incredible beliefs. Over time, I noticed a pattern.
This pattern becomes clear when we ask: why don’t these people see how bizarre their views are? The answer is simple – they acquired these beliefs gradually.
Why Programmers Hate Meetings?
Beneath the surface of the tech sector, a hidden struggle persists. On one side, we have a culture of frequent meetings, a core element of agile methodologies. On the other, there is a need for deep focus. Caught in the crossfire are the creators – programmers, designers, analysts – who need long periods of uninterrupted concentration to do their best work.